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CNBC
Nov 6, 2012 6:00am EST
to the balance of power in congress, we'll tell you what america's decision will mean for the economy and your money. don't miss "squawk box" starting tomorrow at 5:00 a.m. eastern. >>> welcome back. weather can play an important role in election day. it often impacts the voter turnout and that is a huge question for this election. danielle banks joins us with today's forecast plus details on that nor'easter that's threatening the east coast just as it tries to clean up from sandy. danielle, good morning. >> hi, how are you today? i know so many people are amped up about today and anticipating this day for a very long time. we've been bringing you your election forecast and up into northeastern portions of minnesota as well as northwestern wisconsin, this is where we have the snow. all of the rain pushing in for you voters around midday, so watch for that into chicagoland. right now as we zero in, you can also notice there are quite a few icy spots right now. certainly projected off to the northeast of minneapolis. we'll take you a little bit further south, of course florida o
CNBC
Nov 30, 2012 6:00am EST
, it will turn to america pre-the election as it has done and post the election the fiscal cliff is a critical issue. and every day you get a different view. i was in washington, what, would weeks ago, came away very, very concerned because all the experts were negative. and then you sort of felt a little bit, you saw the president reaching out to business and vice versa. you saw the fix the debt movement and ceos making a strong move on the hill. but yesterday things took a turn for the worse. so i guess we'll have these ups and down, but most of the people i talked to wouldn't bet on a solution by december the 31st. in those circumstances, people are not going to make commitments. >> what if we have a solution by the middle of january? is that something that is -- 1 it too late? >> it will be still damaging for the year. so i think it's tremendous uncertainty. worldwide, asia is stronger. latin america is stronger. i'm going down to mexico shortly. big hopes for mexico with the new administration. but generally latin america leads. asia follows. china is certainly recovering a bit
CNBC
Nov 28, 2012 6:00am EST
in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>> averting america's fiscal crisis. more business leaders headed to the white house today. we'll talk to someone rising above trying to find solutions. david cote. >>> regulation nation, what america's financials are in for after the fiscal cliff deadline. >>> and when rising above takes to the road. we're going into d.c. power players districts and asking constituents whether they're onboard. >> there's an awful lot of talk of what they ought to do. they need to stop talking and start working. >> the second hour of "squawk box" starts right now. ♪ >>> good morning, and welcome to "squawk box" here on cnbc. take a look at futures as we set up the market today. so
CNBC
Nov 15, 2012 6:00am EST
, if you believe that there is value in companies, look at corporate america, corporate america has never been this strong. this is very powerful engine. at some point when that engine gets unlocked, here, great places in europe, overseas, that will drive real returns. it may not be 10% to 15%, but 6% to 8% is a lot better than losing money because of inflation and the chance rates go higher. >> jon, thanks for coming in. >>> when we come back, i don't understand the fiscal cliff. the global markets are also watching the situation in the middle east. israel launching a major offensive against palestinian militants in gaza killing the military commander of hamas in an air strike. mar ten flettin fletcher will j with the latest. >>> if congress fails to agree on a plan to avoid the fiscal cliff, it will result in over $40 million in funding cuts for the maternal and child health block grant resulting in 5 million less families served. if you are one of the millions of men who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testos
CNBC
Nov 23, 2012 6:00am EST
are coming in and just a lot of oil coming into the market. particularly from north america, but other places, as well. >> what about china? the idea was that china was sort of hoarding oil. are they still doing that? >> they're hoarding in two ve senses before some senses. some is for the strategic stockpile. they'll do another 400 million between now and 2020. >> so how does that compare with -- >> we have 700 million. we don't need it any longer because we're producing so much more oil every year. >> domestically. i saw a chart the other day of oil production and oil exports. could we become a net exporter? >> unlikely, but between the u.s. and canada, we will be a net exporter. and i say between ourselves and canada, it's because the canadians can't export their oil anywhere other than the u.s. and their production is going up steadily every year. so they have to only exprt to the u.s. their pipeline politics are worse than ours. they can't build one to the east h. west coast or east coast. >> you talk about the oil and what he 00 happening with iran. iranian oil is not techn
CNBC
Nov 1, 2012 6:00am EDT
put out a report noting that north america was seeing mcs in unusual events and attributed it to climate change. it caused quite a stir at the time. back to you. >>> coming up, chris christie touring the carnage. millions still without power. mass transit trying to get back to line. we'll get a progress report. >>> this morning not a lot of movement. yesterday the sale. things orderly in the first day of trading since everything was shut down because of sandy. this morning futures down by about two points. nasdaq up by about 2 1/4 points. >>> jfk and newark airports both operational on wednesday, but saw very few flights. jpk is seeing more arrivals than departures, but net back to normal. courtney reagan is at laguardia this morning. >> reporter: good morning. so we haven't yet seen a plane take off here. the first plane is scheduled to take off in about 40 minutes from now. i've been here for over an hour and i got to say, i have never seen laguardia so quiet. i think there are more employees here than passengers. and i went counter to counter and american airlines basically sa
CNBC
Nov 14, 2012 6:00am EST
. and barbara rinehart is private banking america's chief investment strategist. thanks to both of you for waking up early for us. we were talking about a couple things. first of all, becky, when she started the show was talking butt an op-ed today by lloyd blankfein in "the wall street journal." when we were talking about obama here, sets this tax rate and we decided this isn't going anywhere fast. we talk about this fiscal cliff and rising above all the time. but how important ultimately is all of this to where we are right this second? >> well, i think that it's important for us to take a look at the fiscal cliff in its context of this year and also next year. it's not necessarily how much of the fiscal cliff expires, it's the incremental drag to gdp. this year we've got about a 1% fiscal drag. next year we're looking at a 1.5% fiscal drag. it's the incremental gdp that really matters to the economy. >> the bigger question for us is we think there will be a compromise going into january, maybe on december 31st given what washington is doing. the bigger question is what are we do
CNBC
Nov 29, 2012 6:00am EST
best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. look this isn't my first christmas. these deals all seem great at the time... but later, not so much. this isn't that kind of deal. [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and where the staff is exceptionally friendly. ♪ nespresso. what else? or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. you can stay in and share something... or you can get out there and actuall
CNBC
Nov 8, 2012 6:00am EST
warm up their house. doesn't seem right in america, does it? >> it's a very sad situation. but you've got an old infrastructure, one of the most complex infrastructures that we have in the country. when something goes wrong, it seems to go terribly wrong and that means it takes ainger time to fix it p. but the good news is you get beautiful trees. don't don't you love your trees. >> what should have happened in advance of the storm? is there something that should have happened that would have helped? >> no. i'm sure that the companies prepositioned tank trucks full of gas all over the area so they would be in a position to distribute. what nobody knows, before the storm actually ends, is where is the electricity going to go out? you could have prepositioned trucks everywhere, every big parking lot could have a truck prepositioned but if there's no electricity in the gas station it doesn't make a bit of difference and that's i think what happened this time around, the massive outage of electricity sent everybody back and because we didn't immediately impose any demand side restr
CNBC
Nov 16, 2012 6:00am EST
more as republicans. this whole game isn't about america, it's about you who do we make the demss lose and how do we make the republicans lose. people are sick of that and ashamed of it. >> we'll try to rise above all of this today. our guest hosts will be doing the same. but before we get to all of that, andrew has shall other top headlines. >>> we have some very important news and serious news. fighting escalating sharply overnight. dozens of missiles seen exploding in gaza. authorities in india have investigating claims a that walmart violated exchange rules. direct ownership by foreign firms was prohibited. walmart has denied any wrong doing. and the news comes a day after walmart reported disappointing quarterly sales. there is an original probe in mexico. and finally japan dissolved lower house for a december 16th election. the nikkei rallied more than 2% as investors bet the main opposition party will lynn the election. the party's leader has voied to put pressure to ease monetary currency. mr. kernen, welcome back. >> 25 2not even 24 hours, but is a wallop. it was something. >>
CNBC
Nov 27, 2012 6:00am EST
solution. among our guests, three men who understand washington, wall street and corporate america very well. we have the chairman of president george w. bush's council of economic adviser, ed lazear, roger altman, and real estate tycoon don peebles. but let's cover this morning's top headlines. >>> we do have a lot in the corporate headlines this morning including equity residential and avalon bay communities agreeing to buy archstone from lehman brothers holdings. the price tag, about $6.5 billion in cash and stock. the deal gives lehman cash to help pay its creditors as it liquidates. but it paid $22 billion for this company originally. so $6.5 billion versus $22 billion, and you can see how lehman got into some of the problems it did. also this morning, europe set to delay the introduction of stricter rules on bank capital. the eu reportedly prepare to go follow the united states while it lobbies for a reconsideration of the u.s. stance. the delay could push back the start of basel iii by about six months. the law was mepts ant to be pha in by the start of 2013. >> archstone was not
CNBC
Nov 12, 2012 6:00am EST
dysfunctional and cannot resolve the great challenges that america has. and dysfunctional washington and cloud of uncertainty is hurting the whole economy. so the country wants to see particularly after this election that washington, d.c. can come together and solve problems. >> why have you not pulled back already? recognizing what you're saying, which is the uncertainty element even if it gets solved let's say by january 1st, it sounds to me like the uncertainty along the way will put you in a bunch of trouble. >> i believe the odds are much greater that it will get resolved and it is going to get -- >> when are you betting for to be resolved by? >> i think the process of resolving it is going to be completely different than the summer of 2011. i think there was a lot of lessons learned there by both sides. we're past the election. everyone knows the only time you can govern reasonably in this country is after a presidential election. and if you look at the signals from the various sides, republicans are conceding that we'll have higher revenue and we'll have a more progressive tax --
CNBC
Nov 19, 2012 6:00am EST
supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> hard rock international is teaming up with yoko ono. and why hunger for the imagine there's no hunger campaign. horn $4.5 would million has been raised during the past five years and the president and ce off of the hard rock cafe has been very involved in this. tell us a little bit it. >> thanks for having me. this is a ram we've beprogram w running for many years. there are a billion people beneath poverty and hunger level in the world. and the program really is a program that enjoins why hunger, yoko ono and ourselves and we encourage our staff and our customers to basically provide funding around this holiday season so that we can divert the -
CNBC
Nov 7, 2012 5:00am EST
united states of america, the best is yet to come. >> we have left everything on our field. we have given our all to this campaign. i so wish that i had been able to fulfill your hopes to lead the country in a different direction. but the nation chose another leader. and so ann and i join with you to earnestly pray for him and for this great nation. >> investors say they've been waiting for this answer for months, after uncertainty that's been hanging over the markets. but what will the status quo in washington mean for stocks, bonds, currencies, and commod y commodities, and qe-3. but there's still the issues of that fiscal cliff. this morning, we're calling on leaders to solve this, to rise above partisan politics and come together to find a solution and save the u.s. economy from going down a dangerous road. it is wednesday, november 7th, the day after and a special early presentation of "squawk box" follows the late presentation that we had yesterday. but it starts right now. >>> good morning, everyone. welcome to "squawk box" here on cnbc. and yes, we know it's only 5:00 a.m. o
CNBC
Nov 5, 2012 6:00am EST
business across america. >>> plus ohio senator rob portman joins us from the buckeye state with his blueprint for a romney victory. >>> markets in focus. evercorps partners founder roger altman on what investors are betting on before the first trade and the latest on sandy's cost of recovery as the second hour of "squawk box" begins right now. >>> good morning, welcome to "squawk box" on cnbc. i'm andrew ross sorkin along with joe kernen and becky quick. take a look at future this is morning. we have some red arrows after a tough week last week, dow looks like it would be off about 25 points, s&p 500 and nasdaq would be off as well. let's get you through some of your morning headlines. ralph lauren, chairman and ceo of ralph lauren announcing a $2 million gift of hurricane relief efforts. as part of the gift the ralph and ricky lauren family foundation is donating $1 million to the mayor's fund to advance new york city to help address immediate needs of new yorkers as well as long-term relief efforts and the polo ralph lauren foundation is donating the other $1 million to relief eff
CNBC
Nov 13, 2012 6:00am EST
. >>> rising above, to get america on sound fiscal footing, former morgan stanley executive steven roach on the economic challenges facing the country, both here and abroad. >>> finding the right business solutions. >> pc load letter? >> xerox ceo ursula burns weighs in on her company's performance and what happens if the nation falls off the fiscal cliff. the second hour of "squawk box" begins right now. >>> good morning, everyone. welcome to "squawk box" on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. we've been watching the futures and they have come under pressure. things are much improved from where they were earlier. at the weakest point dow futures down 80 points, now down only by 27 points. >>> home depot earned 74 cents a share for the third quarter, four cents above estimates and raised its forecasts on what it sees as signs of a housing market recovery. congress returns with one goal in mind, finding a solution to the fiscal cliff. president obama will meet with labor leaders on the fiscal cliff, the first in a series of meetings this week on that
CNBC
Nov 20, 2012 6:00am EST
win today, you got to have people that look like america. >> which is why you could be surprised that he thought he was going to win. he doesn't have anybody telling him anything other. >> the policies change. >> not the fiscal policies but the other policies have to change. >> the social policies. >> doesn't matter if your a social conservative, it means the tent has to be bigger, embrace people who are different, if we want to have a winning coalition, if we want to have a winning opportunity in 2016. >> i'll bet you would believe that the free enterprise, free market solutions that the republican party puts forward over time lift more people into a situation, more prosperity. >> no doubt. >> why does it matter who he's talking to at any given time if more people benefit long-term. you're a free market guy. you know these are the policies that eventually will -- >> joe you wouldn't feel comfortable entering a room if you see no one that looks like you, you understand the person has made comments about women, suggested that half the country is unresponsive to him because they're not
CNBC
Nov 9, 2012 6:00am EST
. before the debut in north america. and it coincides with the launch of a new sort of spy training weekend. a luxury experience called secret me. but the key thing about it is when you go on this course, you're being taught by ex-intelligence officials, special forces guys, people that have worked as surveillance for the british government. . we have some pictures while i talk. you but the amazing thing is that you are -- this was a bit of the package that you can see. they teach you things like shooting. you get flown there in a helicopter. misst mi pistol training, unarmed combat. how to play poker properly. surveillance training if you want to track people around in secret. you also get taught the art of a duk seduction which is also very use, as well. making cocktails. and misstal marksmanship. >> so handguns, too? >> yeah. >> that's live ammo?isstal mark. >> so handguns, too? >> yeah. >> that's live ammo?opiisstal m. >> so handguns, too? >> yeah. >> that's live ammo?sisstal mar. >> so handguns, too? >> yeah. >> that's live ammo?isstal mark. >> so handguns, too? >> yeah. >> tha
CNBC
Nov 26, 2012 6:00am EST
those in america who care about this, this is simple to do. it just takes courage, that's what you guys have hired to us do, let's execute, let's begin the year focusing on the greatness of this nation. >> senator, that's good advice. we'll try and do that. it is a great nation. we'll find it. senator corker thank you, very appreciate it. >>> so what happened on black friday? how strong of a shopping day was it and will it be enough to bolster the holiday season overall? john lawrence is with us from memphis, managing director and senior research analyst at stevens and if you want to break down what happened you have to first look at walmart, the biggest of all the bigs out there. what did you read or glean from walmart's release that they put out? >> good morning. first of all, you know, very positive, certainly we've talked about for a long time when walmart is, has inventory correct and they send the message to the public that they're going to be aggressive on price more times than not it works. black friday and the thanksgiving promotions were another indication of that. it was
CNBC
Nov 2, 2012 6:00am EDT
election the three people that are still undecided in the united states of america about this election are not waiting for the jobs number to come out this morning at 8:30 to make up their final decision. i think most everyone understands right now that the economy is not growing as fast as it could, we're not creating the jobs that we could and almost no number that comes out this morning is going to benefit the election at this point in time. >> jared, you agree with that? i'll also throw into the mix we've had a number of endorsements for different candidates over the past day or two and i think about bloomberg and "the economist" magazine, do they matter? >> i can't think they matter that much. i agree with jim up until his last few sentences. if there's anybody making their vote decision based on today's jobs report i urge them to reconsider their strategy because first of all the expectations are for basically steady as she goes and secondly, anything that's a big outlier, an upside surprise, downside surprise is by definition an outlier that will likely be revised away.
Search Results 0 to 19 of about 20